The Reds wouldn’t have picked it up anyway, so right-hander Ryan Madson beat the team to the punch on Wednesday night and declined his half of an $11 million mutual option for the 2013 season.
This according to Jon Heyman of CBS Sports.
Madson gets a hefty $2.5 million buyout and will officially become a free agent this Saturday.
The 32-year-old missed the entire 2012 season following Tommy John reconstructive elbow surgery, but he began throwing recently and is hoping to be completely recovered by the start of spring training.
Madson registered a 2.37 ERA, 1.15 WHIP and 62/16 K/BB ratio across 60 2/3 innings for the Phillies in 2011 while converting 32-of-34 save chances. He boasts a 2.89 ERA in 329-plus innings since the start of 2007.
The Reds have interest in re-signing him, though they probably won’t offer him the opportunity to close.
Free agent right-hander Trevor Cahill reportedly has a one-year deal in place with the Athletics, according to MLB.com’s Jane Lee. The exact terms have yet to be disclosed, and as the agreement is still pending a physical, it has not been formally announced by the club.
Cahill, 30, is coming off of a decent, albeit underwhelming year with the Padres and Royals. He kicked off the 2017 season with a 4-3 record in 11 starts for the Padres, then split his time between the rotation and bullpen after a midseason trade to the Royals. By the end of the year, the righty led the league with 16 wild pitches and had racked up a 4.93 ERA, 4.8 BB/9 and 9.3 SO/9 in 84 innings for the two teams.
The A’s found themselves in desperate need of rotation depth this week after Jharel Cotton announced he’d miss the 2018 season to undergo Tommy John surgery. Right now, the team is considering some combination of Andrew Triggs, Daniel Gossett, Daniel Mengden and Paul Blackburn for the back end of the rotation — a mix that seems unlikely to change in the last two weeks before Opening Day, as Lee points out that Cahill won’t be ready to shoulder a full workload by then. Instead, he’s expected to begin the year in the bullpen and work his way up to a starting role, where the A’s hope he’ll replicate the All-Star numbers he produced with them back in 2010.